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Understanding the revenue cycle in health care industry


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Understanding the Revenue Cycle in the Healthcare Industry

This online course provides a comprehensive understanding of the revenue cycle in the healthcare industry. Through three modules, learners will gain the necessary knowledge and skills to navigate the various stages of the revenue cycle, from patient registration to revenue analysis. The course covers essential competencies such as patient registration, insurance verification, medical coding and billing, claim submission, payment posting, denial management, and the use of technology in the revenue cycle. Additionally, learners will explore future trends in healthcare revenue cycle management. By the end of this course, participants will have a solid foundation to effectively manage revenue cycles in healthcare organizations.

Here is the course outline:

1. Introduction to Revenue Cycle in the Healthcare Industry

This module offers a comprehensive introduction to the concept of the revenue cycle in the healthcare industry. It provides an overview of its importance, its various stages, and its role in the effective running of healthcare institutions.

2. Exploring the Operational Aspects of the Revenue Cycle

This module delves into the operational aspects of the revenue cycle, including patient registration, insurance verification, medical coding and billing, claim submission, payment posting, and denial management. It also explores the use of technology and its impact on these processes.

3. Analyzing and Predicting Future Trends in Healthcare Revenue Cycle

The final module focuses on the process of revenue cycle analysis and discusses future trends in the healthcare revenue cycle. It will equip learners with the skills to analyze past trends and anticipate future changes in the healthcare industry.

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